Duke Energy nuclear fleet sets reliability record with $600 million in customer savings

Kelvin Henderson, Senior Vice President and Chief Nuclear Officer
Kelvin Henderson, Senior Vice President and Chief Nuclear Officer
0Comments

Duke Energy’s nuclear fleet achieved a record capacity factor of 96.9% in 2025, setting a new benchmark for reliability across its plants in the Carolinas. The company announced that this performance helped generate approximately $600 million in federal nuclear production tax credits, which were used to lower costs for customers.

The company operates 11 nuclear units at six locations throughout North and South Carolina. These plants serve more than eight million homes by providing consistent, around-the-clock electricity. Nuclear energy is currently Duke Energy’s largest source of power generation in the region.

Kelvin Henderson, chief nuclear officer for Duke Energy, stated: “This new record shows the unmatched reliability our nuclear plants deliver every day. It demonstrates the value we’re committed to providing for our customers, and it reflects the skill and dedication of the teams who operate these facilities with excellence.”

Duke Energy’s ongoing strategy includes extending plant lifespans, increasing output from existing infrastructure through power uprates, and investing in advanced reactor development. These efforts are intended to maintain dependable and low-cost electricity as demand grows across the Carolinas.

The company continues to focus on upgrading its electric grid and expanding cleaner generation sources such as natural gas, renewables, and energy storage as part of its broader transition toward a modernized energy system.

For more information about Duke Energy’s operations or initiatives, visit duke-energy.com or access updates via their News Center.



Leave a Reply

Your email address will not be published. Required fields are marked *

Related

Doug Beck, Senate Democratic Leader

IAM union members gather in Missouri to address worker and referendum issues

IAM Union members convened in Jefferson City to address challenges facing working families in Missouri. The group focused on protecting workers’ rights and strengthening solidarity among labor organizations while engaging directly with lawmakers.

Craig Martin, IAM Union Southern Territory General Vice President

Alabama State Council holds meeting in Montgomery to discuss worker issues

Union delegates from across Alabama met in Montgomery on April 7 to discuss legislative priorities impacting workers’ rights. The gathering included lobbying efforts at the state capitol as well as historic elections within the council’s leadership.

George M. Cook, Performing the Duties of the Director

IAM Retirees Assistance Program scheduled for June 2026 in Hollywood, Maryland

The International Association of Machinists and Aerospace Workers is accepting registrations for its Retirees Assistance Program set for June 2026 in Hollywood. The program offers sessions on health care navigation, financial planning and other topics important for retirees.

Trending

The Weekly Newsletter

Sign-up for the Weekly Newsletter from Jacksonville Business Daily.